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We’re excited to announce our partnership with Rocket Lawyer to simplify business insurance solutions for Rocket Legal+ subscribers! Since 2008, Rocket Lawyer has helped over 35 million people and organizations obtain the legal help they need, at a price they can afford. Rocket Legal+ subscribers get unlimited access to personalized legal documents and online legal questions, plus half-off discounts on tax, business registration, trademark filing, and more.  Coverdash is excited to expand RL+ services, offering subscribers exclusive discounts on all lines of business insurance. Coverdash allows your business to instantly compare quotes from more than 30 of the country’s biggest commercial carriers to find tailored coverage at the best possible price.   An estimated 75% of SMBs in the United States are underinsured. Compounding the problem is the fact that 53% of small businesses face at least one litigation case annually. Coverdash and Rocket Lawyer are teaming up to make sure your business can get conveniently and adequately insured to protect against unforeseen legal risk, while saving you up to 30% on existing policies.  It’s stressful enough owning your own business. Coverdash and Rocket Lawyer make insurance simple. Check out the member benefits page on your Rocket Legal+ member dashboard to find out how much you can save with Coverdash.   About Coverdash Coverdash is a fully digital business insurance agency that specializes in serving the insurance needs of businesses of all shapes and sizes. Coverdash's embedded technology enables any partner to host its end-to-end insurance experience with a single line of code. Coverdash is headquartered in New York and is a licensed insurance agency across all 50 states. Interested in partnering with Coverdash? Check out: https://www.coverdash.com/partner About Rocket Lawyer Rocket Lawyer aims to make legal services accessible and affordable for small businesses and individuals. Since 2008, nearly 30 million people have used Rocket Lawyer to create and sign legal documents, receive affordable attorney advice, and incorporate their businesses with confidence. Rocket Lawyer empowers users to protect and enforce their rights easily and efficiently.

NEW YORK, August 28, 2024 –  We’re excited to announce that CB Insights has named Coverdash, to its third annual Insurtech 50, showcasing the 50 most promising private insurtech companies in the world. “The 2024 Insurtech 50 winners are high-momentum companies shaping the future of insurance today,” said Chris Sekerak, Senior Analyst at CB Insights. “From AI-powered products to commercial insurance innovation, these startups are realizing many of the industry's biggest opportunities.” At Coverdash, we are proud to be recognized as a leading innovator in the insurtech space, known for transforming how startups, small businesses, eCommerce merchants, and businesses of all shapes and sizes access and manage commercial insurance. Since our founding, we’ve grown rapidly, partnering with top global insurers and serving thousands of clients via embedded partnerships with the financial platforms our customers already use. In less than two years, Coverdash has forged over 100 embedded partnerships, expanding our partner’s product offering, solving their customers' insurance pain point, increasing their customers’ stickiness and lifetime value, and boosting their bottom line with an ancillary insurance revenue stream. As the only company on the list that specializes in embedded commercial insurance, we’ve positioned ourselves as a frontrunner in the digital transformation of the embedded insurtech space. On behalf of the whole team, we want to say thank you to our customers and partners, who have been crucial to our success and growth. Your trust and collaboration have been instrumental in helping us innovate and expand, allowing us to serve your businesses’ unique needs across various industries. We look forward to continuing this journey together and achieving even greater milestones in the future. "We are honored to be recognized by CB Insights as one of the top insurtech companies in the world. It’s a testament to the hard work and creativity of our team and our partners. We’re even prouder to be the only embedded commercial insurance company on the list, highlighting our unique position and value proposition within the market. 2024 has been a great year— we’re even more excited to see how much further we go in 2025." — Ralph Betesh, CEO of Coverdash. Thanks again to CB Insights for recognizing Coverdash, and stay tuned for more news and updates here! 

We're thrilled to announce that Walt Levengood has joined Coverdash as our newest advisor! Walt, an accomplished Fintech executive, brings over 20 years of experience to Coverdash with a proven track record of success in the small business ecosystem. Walt's impressive career, most recently spending the last 7 years as a senior executive at Nav, spans various leadership roles specializing in strategy and revenue growth while focusing on helping small business access the capital and solutions needed to grow their business. His wealth of knowledge and expertise navigating through various economic cycles will be instrumental as Coverdash continues to innovate and scale its offerings to meet the unique insurance needs of its SMB customers and partners. "We're excited to have Walt on board," said Ralph Betesh, CEO of Coverdash. "Walt's expertise in partnerships, embedded engagement, and go-to-market strategies will be instrumental in navigating our journey toward achieving true scalability in embedded fintech.” Walt's appointment comes at a time of rapid growth for Coverdash. In the past year, Coverdash has seen over 200% growth in its customer base, driven by embedded insurance partnerships. A fantastic 2023 allowed Coverdash to raise $13.5M for their Series A at the beginning of 2024, a year in which upwards momentum has only accelerated. "I'm excited to join Coverdash's advisory board. The team has developed a truly innovative solution in embedded fintech and insurance,” Walt commented. “I've been impressed by their vision and execution so far. I look forward to contributing my experience to help the company continue to scale." With Walt's guidance, Coverdash is more equipped than ever to tackle the challenges and opportunities in the dynamic world of insurtech. Stay tuned for more updates as we work together to make business insurance more accessible for our customers and partners.

Coverdash is excited to announce our partnership with Revenued, offering a fully embedded business insurance experience for their customers. Revenued provides SMB owners access to funding and spending limits that grow with your business. Their Flex Line and Business card simplifies the complexity of managing small business finances and empowers owners to succeed through their revenue-based financing. They help make SMBs financial systems run on autopilot, empowering businesses with more time to spend on what counts — running your business and growing revenue. Via Coverdash’s embedded technology, Revenued now offers all lines of business insurance, solving yet another pain point for their SMB customers. Coverdash streamlines the insurance process directly on Revenued’s platform, offering tailored coverage at industry leading prices from 30+ of the country’s largest commercial carriers. An estimated 75% of SMBs in the United States are underinsured. Coverdash and Revenued are teaming up to protect your business from unforeseen risks, increase your business’s creditworthiness, and provide peace of mind in increasingly uncertain market, while saving you up to 30% on existing policies.  It’s stressful enough owning your own business. Coverdash’s partnership with Revenued offers you the convenience of handling business insurance on the same platform you already manage the rest of your financial systems.  About Coverdash Coverdash is a fully digital business insurance agency that specializes in serving the insurance needs of businesses of all shapes and sizes. Coverdash's embedded technology enables any partner to host its end-to-end insurance experience with a single line of code. Coverdash is headquartered in New York and is a licensed insurance agency across all 50 states. Interested in partnering with Coverdash? Check out: https://www.coverdash.com/partner About Revenued Revenued leverages cutting-edge online technology and sophisticated underwriting to offer flexible terms and the fastest response times in the industry for small business owners. As leaders in financial technology, they provide users with the same powerful tools they use. Revenued's mission is to make financial systems responsive and automatic, giving business owners more time to focus on what truly matters — running and growing their business.

We’re excited to announce Coverdash’s partnership with Drata: the world’s most advanced security and compliance automation platform. Drata automates your compliance journey from start to audit-ready and provides continuous support from the security and compliance experts who built it. Through our embedded insurance capabilities, Coverdash enables Drata's client to source required cyber insurance and check off SOC-2 cyber security insurance requirements without leaving Drata’s portal. At Coverdash, we've analyzed data from all the cyber insurance policies we've written, and the results are clear: SOC-2 compliant companies are reaping substantial benefits, slashing their yearly cyber insurance spend by 15-20%. Moreover, the ability to even receive quotes from cyber insurance carriers can hinge on SOC-2 compliance. Failure to meet SOC-2 standards can lower your ability to get quotes from carriers by 15-25%. Currently, only 17% of SMBs in the US have cyber insurance, and even fewer are SOC-2 compliant. With cyberattacks on the rise, especially within the SMB community, the combination of cyber insurance and a SOC-2 certificate is the best way to avoid the disastrous consequences of a data breach. At Coverdash, we understand the importance of safeguarding your business while keeping costs manageable. Our embedded partnership with Drata combines the benefits of cyber insurance with SOC-2 compliance to help your business fight back against cyber crime and continue to prioritize what matters most. About Drata Drata is the world's most advanced security and compliance automation platform with the mission to build trust across the cloud. With Drata, thousands of companies streamline over 20 compliance frameworks—such as SOC 2, ISO 27001, GDPR, and more—through continuous, automated control monitoring and evidence collection, resulting in a strong security posture, lower costs, and less time spent preparing for annual audits. The company is backed by ICONIQ Growth, GGV Capital, Alkeon Capital, Salesforce Ventures, Cowboy Ventures, S Ventures, Leaders Fund, Okta Ventures, SVCI, SV Angel, Intuit Ventures, and many key industry leaders. For more information, visit drata.com. About Coverdash Founded in 2022, Coverdash is a fully-digital business insurance agency committed to transforming the business insurance process for startups and small businesses. Coverdash's revolutionary embedded technology enables any partner to host its end-to-end insurance experience with a single line of code. Coverdash serves all startups and SMBs from pre-formation all the way to Series D+. The company is headquartered in New York and is a licensed insurance agency across all 50 states. Interested in partnering with Coverdash? Check out: https://www.coverdash.com/partner

B2B insurtech reveals negative CAC and >30% MoM growth, showcasing aggressive path toward profitability NEW YORK – Coverdash, the fastest growing startup and SMB focused-insurtech, today announced $13.5M in Series A funding. This financing comes within one calendar year of Coverdash’s oversubscribed Seed round, bringing the company’s total funding to $16M to date. The Series A round was led by Nyca Partners, joining existing investors including Bling Capital, AXIS Digital Ventures, Tokio Marine Future Fund, Expansion VC, Cameron Ventures and others. The latest financing will be used to further expand Coverdash’s embedded partner network, grow its internal team and broaden its insurance carrier panel. Founded in 2022, Coverdash offers a full suite of commercial insurance products for all startups and SMBs across the U.S., allowing them to purchase business insurance within seconds from the places they trust most. Coverdash's embedded technology enables partners from any industry to easily offer insurance to existing customers with a single line of code. The technology packages the necessary operational, compliance and financial elements to allow partners to deliver highly configurable insurance solutions within their own front-end environments. Within its first year of operations, Coverdash has surpassed its competitors by securing over 100 embedded distribution partnerships. A staggering 75% of businesses in the U.S. are severely underinsured and 43% of small businesses are completely uninsured, exposing them to financial and legal risks. Coverdash is stepping in to better serve startups and SMBs in a landscape where major insurance providers have de-emphasized the importance of coverage for these businesses. Coverdash’s primary products are general liability, business owners policy, workers compensation, directors and officers liability, cyber insurance and professional liability. As the leading embedded insurance agency, Coverdash has the largest panel of trusted insurance carrier relationships, enabling customers to save 30-40% on business insurance costs. “We’re not just making insurance accessible and straightforward for business owners nationwide, we’re acting as their virtual risk management arm,” said Ralph Betesh, Co-Founder and CEO of Coverdash. “Coverdash goes beyond coverage – we offer startups and SMBs the support they need, especially in today's challenging landscape when navigating the complexities of insurance has never been more vital. Coverdash is dedicated to empowering both our partners and our customers with these capabilities." Coverdash’s growing embedded partner network includes various providers who serve or transact with businesses including leading payroll providers, POS providers, banks, lenders and vertical SaaS platforms. By integrating Coverdash's single line of code, these partners can swiftly offer business insurance through their own platforms to their existing customers within 24-48 hours. Moreover, Coverdash leverages its proprietary embedded playbook to enhance in-platform user engagement by mapping company milestones with insurance purchase triggers. This ensures that embedded partners can continuously support their customers' evolving businesses by offering the right insurance product exactly when it's needed, thereby eliminating any gaps in coverage. Alongside helping partners create ancillary revenue, Coverdash also boosts customer retention rates, thereby increasing partners' overall customer lifetime value (LTV) by offering insurance as a supplementary product. "Coverdash's embedded model drives best-in-class unit economics, rejecting reliance on paid acquisition strategies, creating tremendous organic growth and momentum," said Stephanie Khoo, Partner at Nyca. "Giving SMB service providers – payroll, payments, lending, website creation, HR, etc – the ability to offer their customers seamless access to business insurance allows them to deepen their client relationships while adding a heretofore untapped revenue stream." While Coverdash digitizes the insurance process, it is not just a digital sales funnel. The company retains the human touch with real agents actively involved in the service offering, ensuring a personalized, white-glove experience. By combining innovation, industry expertise and a commitment to transparency, Coverdash is poised to become the go-to insurance agency for startups and SMBs (from pre-formation all the way to Series D+). ABOUT COVERDASH Founded in 2022, Coverdash is a fully-digital business insurance agency committed to transforming the business insurance process for startups and small businesses. Coverdash's revolutionary embedded technology enables any partner to host its end-to-end insurance experience with a single line of code. Coverdash serves all startups and SMBs from pre-formation all the way to Series D+. The company is headquartered in New York and is a licensed insurance agency across all 50 states. Interested in joining the Coverdash team? Check out our job listings here: * Chief of Staff * Commercial Insurance Account Executive * Commercial Insurance Account Manager * Head of Partnerships * Senior Partnerships Manager

Coverdash, the leading embedded insurtech specializing in business insurance, is thrilled to announce its SOC 2 certification. This certification underscores Coverdash's unwavering commitment to maintaining the highest standards of data security and highlights our dedication to providing secure insurance solutions to our customers. What is SOC Certification? SOC 2 certification demonstrates Coverdash's ability to protect sensitive customer information and maintain rigorous controls. The audit evaluates the suitability of our controls and adherence to operating effectiveness. Widely recognized as standard for data security, this significant milestone assures that customer data is securely handled. Coverdash's core mission is to simplify the process of buying and managing business insurance for a slew of customers, including e-commerce merchants, gig workers, startups, and business owners across all industries. We offer a comprehensive suite of commercial insurance products, including liability, property, workers' compensation, and cyber insurance. The SOC 2 certification is a foundational qualification that underscores Coverdash's devotion to data security and our commitment to the highest standard of service. "Obtaining SOC 2 certification is a major milestone for Coverdash," said Avery Rubin, CTO of Coverdash. "It validates our dedication to prioritizing the security and privacy of our customers' data. By meeting these rigorous data security standards, we can provide a reliable and secure insurance platform for businesses of all sizes. We are proud of this achievement and will continue to enhance our services to meet the evolving needs of our clients." Coverdash's achievement of SOC 2 certification showcases our dedication to excellence and the importance we place on safeguarding customer data. As we continue to grow and expand our offerings, customers can rest assured that their insurance needs are in the hands of a trusted and secure partner. About Coverdash Coverdash is a fully digital business insurance agency that specializes in serving the insurance needs of businesses of all shapes and sizes. Coverdash's embedded technology enables any partner to host its end-to-end insurance experience with a single line of code. Coverdash is headquartered in New York and is a licensed insurance agency across all 50 states. Interested in partnering with Coverdash? Check out: https://www.coverdash.com/partner

Introduction New York, NY - June 6, 2023 - Since launching our SMB insurance agency earlier this year, Coverdash has observed a concerning trend within the startup community: a widespread and growing problem of underinsurance, overexposure, and lacking risk management practices. This issue has impacted founders, investors, and employees, leaving them vulnerable to potential losses and lawsuits. A recent study revealed that a staggering 75% of startups in the U.S. are underinsured by 40% or more. The Startup Underinsurance Conundrum The underinsurance problem amongst startups has compounded in 2023, as founders face challenging economic times. To preserve their runway, many startups have been forced to cut corners on proper risk management practices, unknowingly exposing themselves to significant downside risk. Recognizing the need for proper risk management practices in the startup ecosystem, Coverdash is on a mission to provide accessible solutions to all startups, regardless of their business life cycle (Pre-Funded through IPO). Since our launch earlier this year, Coverdash has already made a significant impact by assisting dozens of startups and founders in navigating the complex world of insurance. Coverdash's Mission and Solution True to our mission, Coverdash is now launching a startup insurance offering tailored specifically to the needs of each startup. Through Coverdash's digital insurance experience, startup founders can now source fully-bindable insurance quotes from the nation's leading insurance companies, all within minutes. This streamlined process saves valuable time and ensures that startups can obtain the coverage they need to protect their businesses effectively. Instant Decision Management Liability for Startups As part of this release, Coverdash is proud to be the first digital insurance provider of its kind to expand its core offering to include instant decision/instant bind Management Liability products, which are universally required by the venture capital community and other investors. These comprehensive solutions provide essential coverage for various aspects of a startup's operations: * Directors & Officers (D&O) Insurance: This coverage offers financial protection for a startup’s founders, executives, and board members against claims related to management decisions. It covers legal defense costs, settlements, and judgments, safeguarding personal assets in case of lawsuits alleging mismanagement or breach of fiduciary duty. This coverage is universally required by the venture capital and other investor communities. * Employment Practices Liability (EPLI) Insurance: EPLI protection guards against claims related to employment practices, such as discrimination or wrongful termination. It covers legal defense costs, settlements, and judgments, and may also include coverage for wage disputes and retaliation claims. * Fiduciary and Crime Insurance: This insurance provides financial protection for startups against claims related to employee theft, fraud, or embezzlement. It also safeguards against claims alleging breach of fiduciary duty or errors in employee benefits plans. Fiduciary and Crime insurance covers legal defense costs, settlements, and judgments, making it crucial for startups of all sizes that offer employee benefit plans. Full Suite of Coverage: Coverdash's Comprehensive Startup Insurance Offering With the addition of Management Liability (D&O, EPLI, Crime, and Fiduciary), Coverdash can now cater to the full business insurance needs of startups of all shapes and sizes across the nation. In addition to Management Liability coverage, Coverdash's full startup insurance offerings include: * General Liability: General Liability insurance provides essential coverage for startups against third-party claims for bodily injury, property damage, or advertising liability. It covers legal defense costs, settlements, and judgments, protecting the business from financial losses due to accidents, injuries, or damage caused by the startup's operations. This coverage is universally required by landlords and shared workspace providers. * Business Owner's Policy (BOP): A Business Owner's Policy is a comprehensive insurance package that combines multiple coverages into a single policy, tailored to meet the specific needs of startups. It typically includes General Liability insurance, Property insurance, and Business Interruption insurance. This all-in-one solution offers convenience and cost savings, providing coverage for common risks faced by startups. The liability coverage that is included is universally required by landlords and shared workspace providers. * Workers Compensation: Workers Compensation insurance is crucial for startups with employees. It provides coverage for medical expenses, lost wages, and rehabilitation costs if an employee suffers a work-related injury or illness. This insurance not only protects the employees but also safeguards the startup from potential lawsuits arising from workplace injuries. This coverage is a legal requirement in most states in the U.S. * Cyber Insurance: In today's digital age, Cyber Insurance is vital for startups that handle sensitive customer data or rely on technology systems. It offers protection against data breaches, cyberattacks, and other cyber risks. Cyber Insurance covers costs related to data recovery, legal expenses, notification and credit monitoring for affected individuals, and potential liability arising from a cyber incident. * Professional Liability Insurance: Professional Liability insurance, also known as Errors and Omissions (E&O) insurance, is essential for startups that provide professional services or advice. It offers financial protection against claims of negligence, errors, or omissions in the services provided. This coverage helps cover legal defense costs, settlements, and judgments, safeguarding the startup from potential lawsuits that could arise from professional mistakes or inadequate advice. Revolutionizing Risk Management Practices Coverdash's tailored startup insurance is set to revolutionize risk management practices within the startup community. By providing easily accessible and fully-bindable insurance quotes in minutes, founders can now focus on building their businesses with confidence, knowing that they have the necessary coverage to mitigate risks. In conclusion, Coverdash's launch of tailored startup insurance is a significant step towards addressing the rampant underinsurance problem within the startup community. By offering accessible and comprehensive insurance solutions, Coverdash aims to empower founders, investors, and employees with proper risk management practices and financial protection. With the addition of instant decision/instant bind Management Liability products and a range of other coverage options, Coverdash is ensuring that startups have the necessary coverage to thrive in today's challenging economic landscape. About Coverdash Coverdash is a fully digital business insurance agency that specializes in serving the insurance needs of businesses of all shapes and sizes. Coverdash's embedded technology enables any partner to host its end-to-end insurance experience with a single line of code. Coverdash is headquartered in New York and is a licensed insurance agency across all 50 states. Interested in partnering with Coverdash? Check out: https://www.coverdash.com/partner

Introduction Professional Employer Organizations (PEOs) have long been instrumental in providing comprehensive HR solutions to businesses nationwide. However, the seamless placement of business insurance has remained a persistent challenge for PEOs and a pain point for businesses of all sizes. The reliance on conventional methods, such as traditional insurance brokers, has resulted in outdated processes and unsatisfactory customer experiences. Thankfully, Coverdash has introduced its groundbreaking embedded insurance solution that transforms the landscape. Through a strategic partnership with AdvanStaff HR, clients can now effortlessly access a wide range of commercial insurance products, all conveniently hosted on the AdvanStaff platform. The Limitations of Traditional Approaches: PEOs have traditionally struggled to provide streamlined access to commercial insurance for their clients. While their master plans often cover workers' compensation, clients frequently require additional coverage outside the PEO's scope. This reliance on brick-and-mortar insurance brokers has led to fragmented and disappointing insurance experiences for businesses. The lack of integration and outdated processes have made obtaining comprehensive coverage a hassle for PEO clients. The Coverdash and Advanstaff HR Partnership: Transforming Insurance Placement The collaboration between Coverdash and AdvanStaff HR marks a groundbreaking shift in insurance placement for PEO clients, infusing the process with a renewed sense of innovation. By seamlessly integrating an extensive portfolio of commercial insurance products, including General Liability, Business Owners Policies, Workers’ Compensation, Cyber, Professional Liability, and Management Lines, directly onto the AdvanStaff platform, clients now gain unparalleled access to customized business insurance options from industry-leading carriers. Benefits of the Coverdash Solution: * Simplified Access: Coverdash's insurance products are integrated into the AdvanStaff platform, allowing clients to explore and obtain coverage options conveniently in minutes. The centralized location eliminates the need to navigate multiple platforms and external insurance brokers * Expanded Coverage Options: Coverdash's comprehensive suite of insurance products addresses the diverse needs of businesses. PEO clients can find general liability, professional liability, business owners' policies, workers’ compensation, cyber insurance, management liability, and more within the AdvanStaff platform. This expanded range of options ensures businesses have the necessary protection to effectively mitigate risks. * Modern and Digital Experience: The Coverdash platform offers a user-friendly and intuitive interface, enabling PEO clients to quote, bind, and pay for their policies within minutes. All processes, from submitting claims to accessing policy documents, can be completed online, enhancing efficiency and convenience. * Superior Customer Support: The partnership between Coverdash and AdvanStaff HR combines the expertise of two customer-centric organizations. PEO clients benefit from exceptional support throughout the insurance process, with prompt assistance and responsive service to address any inquiries or concerns. Conclusion: The partnership between Coverdash and AdvanStaff HR is revolutionizing insurance distribution within the PEO sector. Through seamless integration, expanded coverage options, a modern digital experience, and superior customer support, businesses now have a streamlined and efficient way to obtain comprehensive insurance coverage. The collaboration sets a new standard for the industry and empowers PEO clients with the tools they need to protect their businesses effectively. About Coverdash Coverdash is a fully digital business insurance agency that specializes in serving the insurance needs of businesses of all shapes and sizes. Coverdash's embedded technology enables any partner to host its end-to-end insurance experience with a single line of code. Coverdash is headquartered in New York and is a licensed insurance agency across all 50 states. Interested in partnering with Coverdash? Check out: https://www.coverdash.com/partner About AdvanStaff Headquartered in Las Vegas, Nevada, AdvanStaff HR has been helping businesses grow and scale since 1993.  As a PEO (Professional Employer Organization), AdvanStaff relieves the employer of many of the mundane responsibilities they face every day.  They are experts in fields of payroll processing, benefit administration, employee onboarding, human resource compliance, workers compensation and safety programs administration, and much more. AdvanStaff's HR Cloud platform includes the staff, tools, and systems to provide expertise, efficiency, and administrative relief that allows the business owner, managers, and staff to focus on their core competencies, serving customers, and growing the business.